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PPG to buy coatings manufacturer Ennis-Flint in $1.15 billion deal

FILE PHOTO: A PPG Industries precipitated silicas plant is pictured in West Lake, Louisiana, U.S., June 12, 2018. REUTERS/Jonathan Bachman

(Reuters) - Commodity chemicals maker PPG Industries said on Monday it would buy coatings manufacturer Ennis-Flint in a deal valued at about $1.15 billion.

Ennis-Flint employs about 1,000 people globally and its full-year 2020 revenue is expected to be about $600 million, PPG said.

Reporting by Arundhati Sarkar in Bengaluru; Editing by Aditya Soni

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